Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.31% | +0.15 | 2.17% |
| Return on Equity (%) | ▼ | 18.94% | -1.11 | 20.05% |
| Net Interest Margin (%) | ▲ | 3.95% | +0.23 | 3.72% |
| Efficiency Ratio (%) | ▲ | 39.62% | -0.56 | 40.18% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.14 | $2 |
| Cost of Funds (%) | ▲ | 0.80% | -0.03 | 0.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $326 | +2.30 | $324 |
| Gross Loans ($M) | ▲ | $173 | +2.25 | $171 |
| Loan Growth YoY (%) | ▲ | 60.33% | +1.18 | 59.15% |
| Total Deposits ($M) | ▼ | $284 | -1.99 | $286 |
| Shareholders Equity ($M) | ▲ | $41 | +4.18 | $37 |
| Tang. Book Value ($M) | ▲ | $41 | +4.18 | $37 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +4.17 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 60.33% | +1.18 | 59.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.18% | 0.03% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.31% | +1.43 | 20.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▄▅▆█ | Net Interest Margin (%) | 3.66% | 3.68% | 3.73% | 3.72% | 3.77% | 3.81% | 3.85% | 3.95% |
| ▅▅▁▃▄▅▁█ | Return on Assets (%) | 2.22% | 2.22% | 2.08% | 2.17% | 2.19% | 2.23% | 2.08% | 2.31% |
| ▁▁▆▃▃▃█▂ | Efficiency Ratio (%) | 38.2% | 38.7% | 43.0% | 40.2% | 40.6% | 40.2% | 44.6% | 39.6% |
| ▃▄█▄▁▅▇▂ | Cost of Funds (%) | 0.81% | 0.82% | 0.90% | 0.83% | 0.76% | 0.84% | 0.88% | 0.80% |
| ▂▁▇▅▅▃█▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% |
| ▂▁▇▅▅▃█▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.00% | 0.01% | 0.00% |
| ▁▃▃▅▆▇██ | Tang. Book Value ($M) | $32 | $35 | $35 | $37 | $38 | $40 | $40 | $41 |
| ▁▃█▄▃▄█▆ | Gross Loans ($M) | $166 | $170 | $176 | $171 | $170 | $170 | $175 | $173 |
| ▆█▇▁▆█▅▁ | Total Deposits ($M) | $299 | $305 | $300 | $286 | $298 | $304 | $296 | $284 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 8% |
| Agricultural | 10% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 12% |